The Kremlin reported on September 21, 2016, that Vladimir Putin via teleconference launched operations at the Vostochno-Messoyakha oilfield, Russia’s northernmost onshore deposit.
The launching ceremony of the largest drilling project in the Arctic was attended by Gazprom CEO Alexei Miller and the CEO of Rosneft, Igor Sechin, who spoke directly from the Vostochno-Messoyakhskoye field.
«This pipeline and the adjacent Eastern Siberia-Pacific Ocean pipeline are the main pathways for the oil to be delivered to the domestic and global markets. It will serve the development of Russian enterprises and contribute to the stability of the global energy market.
I would like to add that after the Vostochno-Messoyakha oilfield, we plan to develop the Zapadno-Messoyakha oilfield, which means there is a lot of very ambitious work ahead that our country needs.», said Putin.
85 billion rubles ($1.32 billion) was invested in its development. The operation of the oilfield until 2040 will bring a total of 1 trillion rubles in taxes to the budgets at all levels.
The Messoyakha oilfield is located on the Gydan Peninsula in the Arctic, 350 kilometres north of Novy Urengoi.
The project was implemented in complete isolation from transport and other infrastructure.
Oil from the field will first enter the Zapolyarye-Purpe mainline pipe system through a 98-kilometre long pipeline.
The Vostochno-Messoyakhskoye oilfield is scheduled to reach its production peak of 5.6 million tons of oil per year by 2020.